TSXV:AAA.P - Post by User
Post by
Karmanowon Sep 16, 2011 1:43am
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Post# 19048897
"$3 Billion" Increase to NAV
"$3 Billion" Increase to NAVThe news release today was better than stellar++ and proves (factually) that Allana has just increased our mine life by 3 years....at 2 million tons mined per year of actual KCL..
Like others here I can not understand why...when a company increases its NAV by $3.0 BILLION DOLLARS with these 3 drill hole results and then goes down in share price??? This increase in value does not include any increase that Ercosplan will allow for the other previously drillied near by holes from phase one drilling....
We can speculate on Manipulation?....Bad Markets?...but I have concluded it is just not Logical...and long term if Allana keeps delivering these kind of infill drill results...our Net Asset Value just keeps going up and up...
Assuming a high opex cost of $150 per ton and current price of MOP and SOP
2.25 m tons MOP x $385 Net per ton = $ 866 million dollars
4.25 m tons SOP x $535 Net per ton = $2.250 billion dollars
Total value of net profits to AAA for these 3 drill hole results in the Measured and Indicated Categories =
$3 BILLION DOLLARS......makes you think....and if Patricia Mohr from Scotia Capital and the CEO of Belarus Potash are correct and it goes to $600 per ton MOP and $750 per ton SOP...then that $3 billion NET becomes $3.45 billion NET...
I would certainly support a buy back of shares on the open market...and spend up to $30 million in the treasury...best money ever spent long term for longs...
The facts are the facts and we have the goods in spades...and I still hope that Farhad structures our future
that includes Allana being the producer....period.
Farhad....you can deliver results like this any day of the week...whether the market gets it or not...long term
they will have to.
Karma